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Mitchell, IL Home Values and Rents
The median home value in Mitchell is $110,500, 543rd highest of 696 cities and towns in Illinois.
- Median home value
- $110,500
- 543rd of 696 in IL
- Price change, 1 year
- +6.7%
- County index, 2025
- Homeownership
- 99.0%
- IL: 67.1%
Home sale prices in the St. Louis, MO-IL area
Zillow median sale price, Sep 2026
$287,645+8.8% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Madison County home price trend
FHFA annual House Price Index for Madison County, 2000 = 100, compared with Illinois
Show as a table
| Period | Madison County |
|---|---|
| 2025 | 210 |
| 2024 | 196 |
| 2023 | 185 |
| 2022 | 171 |
| 2021 | 153 |
| 2020 | 143 |
| 2019 | 139 |
| 2018 | 136 |
| 2017 | 132 |
| 2016 | 129 |
| 2015 | 126 |
| 2014 | 123 |
| 2013 | 125 |
| 2012 | 125 |
| 2011 | 127 |
Over five years, Madison County prices changed +47.0%, compared with +44.0% for Illinois.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Fair Market Rents, FY2027
HUD rent standard for St. Louis, MO-IL HUD Metro FMR Area
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $1,064 | +11.4% |
| 1 bedroom | $1,104 | +11.0% |
| 2 bedrooms | $1,349 | +10.8% |
| 3 bedrooms | $1,731 | +10.4% |
| 4 bedrooms | $1,997 | +10.2% |
Frequently asked questions
- What is the median home value in Mitchell, IL?
- The median home value in Mitchell is $110,500, based on the American Community Survey 2020-2024 5-year estimates. The Illinois median is $263,300.
- Are home prices going up in Mitchell?
- Home prices in Madison County changed +6.7% over one year and +47.0% over five years, as of 2025.
- How does Mitchell compare with the rest of Illinois?
- Mitchell has the 543rd highest median home value of 696 cities and towns with 1,000+ residents in Illinois.